Consumer Sentiment Rebounds, Spending Forecast Down Slightly

Prosper’s Consumer Confidence reading is up nearly three points from last month, while the Prosper Spending Score is down less than one point. Deborah Weinswig, Managing Director of Fung Global Retail & Technology, provides analysis on the future of consumer confidence, the Consumer Spending Forecast and what it says about consumers’ position to spend, the Consumer Mood Index by category, and subsequent categories that may benefit or suffer based on consumer automotive purchase intentions. Continue reading…